this weekly candle close is equal by Monthly candle close . ( 4 Days to close ) if price in weekly timeframe close above the 73754 $ then btc would have a good potential to raise up to 83000 $ - 129000$ and 173000 $ But if it falls and close blow the 63146 $ then btc would have a good potential to falls down to 43800 $ - 28000 $ - 15500 $ again . what you think...
Hello friends! I don't actually trade GBPUSD, but I think this can be a good entry if price dares to return sooner. PNG chart image:
TVC:DXY is currently trading in a consolidation pattern and is located in the premium end of the trading range between 104.447 and 103.013. The August 30 candle swept the short term daily sellside liquidity at 103.013 into the Weekly BISI fair value gap which was nearly totally rebalanced. Upon leaving the Weekly FVG range, it was repriced to the premium end of...
The breakdown of the structure in the 4-hour time frame is quite clear, and the price has strongly fallen to the EMA20, the price can first retreat or correct to the 6.137 level, and then we will continue the downward trend, the first target [/il can be the 5.67 point.
Back yet again with the Phase C continuation limit order entry model for swing trading, using ICT's SMC toolkit. This is again being documented as a reference for my future YouTube channel. This description took too long to write, sorry if price has moved away from where I got tagged in... So, these Phase C swing trades are proving to be a bane - the last one on...
Testing my own Phase C continuation limit order entry model for swing trading, using ICT's SMC toolkit. Fed sentiment: Hawkish? bond yields up/possibly more hikes/USD strength Trader sentiment: risk on? (Nasdaq rally/debt ceiling raise talks/inflation easing?) Supply/Demand factors: people still in employment and spending money means demand Overall sentiment:...
This is an updated plan for the macro Cup & Handle breakout Previous setup for the 30R Gold long didn't play out; the unconfirmed SMT divergence didn't get confirmed and there was no impulsive move away. The stop loss is larger due to the entry location. Not financial advice but if this trade idea inspires you, you could use an even bigger stop to avoid...
Hello guys I wish you the best. In my point of view dollar index in the most effectiveness market at all, therefore u need to be aware of it's behavior. Cheers 🥂
1. Price has come back to mitigate the 4H +FVG (Fair Value Gap) created on the 4th April, sweeping a PDL (Previous Day's Low) in the process to clean out the stop losses of anyone in early longs from this past week. This is an early entry signal and I have started to scale in with a scalp. (This higher risk trading, and not financial advice!) 2. Price has also...
Testing another short swing trade based on SMT divergence; this time, divs between US treasury yields and Oil, targeting a previous day's low and demand zone. I already caught one 6R short the other day using this same setup, and now we have more divergence while price has come into an untapped New Day Opening Gap as well as a supply zone. We have also retraced on...
This is a re-entry to a 39R long that I posted the other week based on an inverted H&S on the daily timeframe. This time it's another 23R long based on a sweep of a previous day low which I scalped yesterday, and a scale in after a 15m choch/MSS and pullback to OTE. The strategy is the same, but this time it's based off a retracement to the top of this megaphone...
Testing extremely ambitious 39R long trade to $38k 😂 after sweep of Previous Day Low with a scalp as first entry, then scale in from 15m bullish Order Block and weekly candle close level. This should be interesting.
Testing one of my smart money concepts swing trading strategies using an early entry based on day trading setup. The setup normally involves a sweep of a 4h choch/MSS deep in premium/discount, then a daily pin bar or hammer, or a 4h choch. Previous Day Opening Gap has been filled on DXY as well as three months of liquidity swept. This early entry utilizes a long...
EURUSD sweeps previous daily low and tap H1 order block now i am waiting for Market structure shif MSS in the lower timeframe 5/15 minutes charts, Even if m3 is clear that's fine. Will see.
OANDA:EURUSD I see and quick drop in EURUSD about 1000 pips in single day and want take a trade (Paper trading) to recapture the FVG, so i set a long position where chart is making CHoCH to upside using smart money concept idea, set a 1:15 RR
This is a replay with FVGs, Breakerblocks, and Order Blocks already painted. Various different levels are pre-charted based on the teaching of ICT.
Price already showed a great reaction to HTF OTE (70.5% of swing), we have a raid of eqhs as our stop and a 1D OB in OTE provides the entry. I'm aiming for trendline liquidity below for a partial TP and the HTF EQLs as a final TP.
Using the Smart Money concept, I think the position of the shorts is excellent in this range. This is my analysis and it is not a reason to use it for you to buy or sell.